{"id":66183,"date":"2018-10-11T00:09:51","date_gmt":"2018-10-11T04:09:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66183"},"modified":"2018-10-16T00:55:30","modified_gmt":"2018-10-16T04:55:30","slug":"david-teppers-panthers-deal-cuts-his-hedge-fund-assets-to-14-8-billion","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2018\/david-teppers-panthers-deal-cuts-his-hedge-fund-assets-to-14-8-billion.html","title":{"rendered":"David Tepper&#8217;s Panthers Deal Cuts His Hedge Fund Assets to $14.8 Billion"},"content":{"rendered":"<p>\n(Bloomberg) Appaloosa LP\u2019s assets under management declined almost 20 percent since late January as founder David Tepper withdrew some of his personal wealth to acquire the Carolina Panthers for $2.3 billion. The billionaire\u2019s firm also disclosed in a September filing that it closed Appaloosa Investment LP I, the hedge fund that Tepper formed roughly 25 years ago. Investors were given the option of shifting their money into a separate Appaloosa fund, a person familiar with the situation said.<\/p>\n<p>To read this article:  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Appaloosa LP\u2019s assets under management declined almost 20 percent since late January as founder David Tepper withdrew some of his personal wealth to acquire the Carolina Panthers for $2.3 billion. The billionaire\u2019s firm also disclosed in a September filing [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66183","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66183"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66183\/revisions"}],"predecessor-version":[{"id":66184,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66183\/revisions\/66184"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}